Huma Finance has announced the appointment of Jessica Cao as its new Asia-Pacific (APAC) CEO, aiming to drive regional expansion and integration of real-world assets into the crypto ecosystem. With over 17 years of experience in traditional finance, Cao has held senior leadership roles at Ant International, BNP Paribas, Citi, and Standard Chartered. Her appointment comes ahead of the Singapore Fintech Festival 2025, highlighting Huma’s strategic focus on the rapidly growing stablecoin market in the region.
The Asia-Pacific region is currently the fastest-growing stablecoin market globally, with $2.4t in on-chain stablecoin activity and a 69% year-over-year growth. Huma Finance, a pioneering payment finance (PayFi) network, seeks to capitalise on this momentum by bridging traditional finance with blockchain payments. “We are seeing the strongest growth opportunity for Huma and the broader PayFi ecosystem in the APAC region,” said Erbil Karaman, Co-Founder of Huma Finance.
Cao’s expertise in both traditional finance and digital assets positions her to lead Huma’s efforts in partnership development, liquidity expansion, and product evolution tailored to APAC market demands. Her role will support Huma’s strategy to tokenise receivables and address challenges in global payment finance, such as cross-border payment delays and costs.
Huma Finance has already processed over $7b in transactions, demonstrating the market’s appetite for blockchain-based payment infrastructure. The appointment is expected to foster deeper partnerships with financial institutions, fintechs, and enterprises, paving the way for increased stablecoin adoption in commerce and payments across the region.
